Tullow Oil Share Discussion Threads

[eodfire] 07/4/2020 12:39

Same here. Patience will reward the big gains. I'm not interested in 100% gain. Should be a lot more to come if you can wait a year or two. Tullow should never have gone below 10p. A gift for those entering at that level.

[whatsthepoint] 07/4/2020 12:37

Buying pressure is relentless will have to give later for sure

[whatsthepoint] 07/4/2020 12:36

Yes it is so easy to sell too soon on snap back recovery plays. Did the same with Barclays got some at 10p sold at 15 and Taylor wimped at 6p sold for about 7 as I had left a stop profit order and forgot when I saw it open up 20% and wondered where my position had gone. Time to take a longer time horizon if it ain't bust now shorts will eventually have to cover

[spacedust] 07/4/2020 12:33

I'm in for the long run.

I had many like barrat in the 40p range only to sell at 102p only to then see it go to 1000p

I had evraz at 72p sold at 66p for a loss to see it tinto 55p thinking I was a genius only to then see evraz go to 650p

The same will happen once again so many bargains out there. Not selling a dime until 10bag or lose the lot.

[eodfire] 07/4/2020 12:26

Agree. The sensible shorters have probably rode it down from the 50-70 range and have already exited during low teens.

[whatsthepoint] 07/4/2020 12:26

Another shake and another chance for the wise to buy into

[whatsthepoint] 07/4/2020 12:23

Oil climbing again. 2.5% up.

[whatsthepoint] 07/4/2020 12:20

There is clearly a lot of automatic algo Trading going on lots of repeat repeat small same amount trades going through at intervals.

[whatsthepoint] 07/4/2020 12:14

They are very very skilled at these scenarios. They very rarely get totally burnt.

[eodfire] 07/4/2020 12:13

They can be very persistent.

[whatsthepoint] 07/4/2020 12:10

Who the bloody hell is allowing all these shares to be purchased who is providing the supply side. Must be shorts trying their almighty best to dampen out the buying pressure. It's a very big risk if that's the case. They must have very deep pockets. Or just increasing their shorts at a higher level.

[tidy 2] 07/4/2020 12:08

Mms are walking this down and walking PMO up.

[justthemoney] 07/4/2020 11:40

General stocks rally from 18 Mar bottom is a complete trash, caused by hedge funds covering shorts. Expect at least a double bottom if not new lows as the worst of COVID drags on for another 4-6 weeks. Then there'll be all the fallout from COVID for at least a few months. TLW on the other hand should go up in line with it's ongoing re-rating. The only wildcard are Central Banks if they decide to use hot air money to support markets. IMO, DYOR.

[whatsthepoint] 07/4/2020 11:39

The market makers Shorters Et al seem to be holding this rock steady trying to trade their way out using the spread to massage their losses imo

[dickiebird2] 07/4/2020 11:23

Sorry PMO !!

[zooman] 07/4/2020 11:20

i, that's how they play there games they just need to be pointed out. Once the new CEO is in post and the oil agreement has been done which we may here more about especially if Trump announces that the US Frackers will play ball we'll see more positive movement on top of what we are seeing.Zoo

[spec7] 07/4/2020 10:55

bye bye then

[misca2] 07/4/2020 10:36

Sounds enterprising

[sbb1x] 07/4/2020 10:31

Its had an excellent run, last few days. Everything up today.Imo it's a selling day for all stocks today! ?

[ammu12] 07/4/2020 10:31

Enq next to move

[adnexal schevsur] 07/4/2020 10:29

Iamgreat - master ramper deramper

[spirito] 07/4/2020 10:22

shake your money maker!! not a chance I'm parting with mine.

[iamgreat1] 07/4/2020 10:17

So from ramping you have sold and now deramping